Cost of Living: Norfolk, VA vs Cary, NC (2026)

Norfolk

Virginia
89
VS

Cary

North Carolina
135

Norfolk is 34% cheaper than Cary.

$1,246/mo ↓ 23%
Median Rent
$1,621/mo ↑ 30%
$64,017/yr ↓ 51%
Median Income
$129,399/yr ↑ 102%
$271,900 ↓ 48%
Home Value
$525,200 ↑ 93%
$1,366/mo ↓ 22%
Owner Costs
$1,744/mo ↑ 28%
235,037
Population
176,686

Tax Comparison

5.75%
Income Tax
4.5%
5.3%
State Sales Tax
4.75%
0.8%
Property Tax
0.8%

Affordability

23.4%
rent-to-income
Affordability
15.0%
rent-to-income

Detailed Comparison

When comparing Norfolk, VA and Cary, NC, the overall cost of living indices are 89 and 135 respectively (national median = 100). Rent is $375/month cheaper in Norfolk, saving renters about $4,500/year.

Median household income is $65,382/year higher in Cary. Home values also differ significantly — the median in Norfolk is $271,900 compared to $525,200 in Cary.

North Carolina has a lower income tax rate, making Cary slightly more tax-friendly.

Frequently Asked Questions

Norfolk vs Cary — common questions

Is Norfolk or Cary cheaper to live in?
Based on our cost index, Norfolk is cheaper to live in with an index of 89 compared to 135 (US average = 100).
What is the rent difference between Norfolk and Cary?
Median rent in Norfolk is $1,246/month and in Cary it's $1,621/month — a difference of $375/month.
Which city has higher income, Norfolk or Cary?
Median household income is $64,017 in Norfolk and $129,399 in Cary. Median household income is $65,382/year higher in Cary.
How do taxes compare between Virginia and North Carolina?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. North Carolina has 4.5% income tax, 4.75% sales tax, and 0.8% property tax.
Should I move to Norfolk or Cary?
It depends on your priorities. Norfolk has a cost index of 89 with median rent of $1,246/mo, while Cary has a cost index of 135 with rent of $1,621/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Norfolk details → View Cary details →

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